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Citigroup Inc. Message Board

  • cincykid_88 cincykid_88 Jul 16, 2009 9:15 AM Flag

    JPM has done what Citi simply can't do..

    the next 12-18 months are going to be very tough on all large banks when it comes to mounting credit & commercial real estate losses. JPM has set-aside reserves to (in part) deal with these losses, but Citi is simply going to have a very difficult time covering their exposure in these two areas. My guess is that they will need more government money to survive this period. This one trades lower going into and then out of earnings tomorrow.

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